Modern Living Group
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$895,000ACTIVE

516 S Arnold Avenue, Lantana, FL 33462

—beds0baths1,436sq ft$623/ sq ft
THE RESIDENCE

About this home

Great income property for your portfolio. 4 Unit single parcel property split into 2 duplex buildings. 3 1-BR units facing South Arnold Ave and a 2-BR unit facing West Branch St. with a long driveway. Fully rented with leases in place. Close to Beach, highways and local restaurants.

THE DETAILS

Property details

List Price$895,000
Price / Unit$223,750
Units4
Cap Rate7.96%
Gross Income$91,200/yr
Net Operating Income$71,200
Inside Sq Ft1,436
Year Built1961
ConstructionCBSConcreteBlockStructure,Block
ZoningR15 (city)
Property TypeDuplex
MLS #B26067054
StatusActive
Original List Price$990,000
GRM9.8
Tenant PaysCable TV, Electricity, Sewer, Water
Stories1
Lot Size0.23 acres
Show all details (7 more)
WaterfrontNo
ViewGarden
Days on Market45
Annual Taxes$17,233
FlooringTerrazzo
CityLantana
Zip Code33462
LOCATION

Where you'll live

Wolf Velasco
FEATURED AGENT
Wolf Velasco
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